Cost of Living: Lodi borough, NJ vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Lodi borough, NJ versus $4,116/mo in New York, NY. In the model, rent is about 24.41% of gross in Lodi borough, NJ versus 25.92% in New York, NY, so Lodi borough, NJ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lodi borough, NJ and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Lodi borough, NJ
- Lower rent (median 1BR/2BR): Lodi borough, NJ
- Lower home prices: Lodi borough, NJ
- Higher median household income: Lodi borough, NJ
Cost of Living Index
Lodi borough, NJ: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Lodi borough, NJ has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Lodi borough, NJ: $1,592/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $98/mo higher than in Lodi borough, NJ.
Median Home Price
Lodi borough, NJ: $449,200 · New York, NY: $751,700
Median home price in New York, NY is $302,500 higher than in Lodi borough, NJ.
Median Household Income
Lodi borough, NJ: $84,570 · New York, NY: $79,713
Lodi borough, NJ has a higher median household income than New York, NY by $4,857.
Lodi borough, NJ overview · New York, NY overview · Popular comparisons